The wallet linked to Infini’s $50 million exploit reactivated after months of silence to buy the Ether dip amid a broader market downturn. A wallet linked to the $50 million Infini exploit has become active again nearly a year after the breach, snapping up Ether during last week’s market downturn before routing the funds through a crypto mixing service. The Infini exploiter-labelled wallet address bought $13.3 million worth of Ether (ETH) as the price dropped to $2,109 before sending the funds to crypto mixing protocol Tornado Cash, according to blockchain data platform Arkham. “He seems very good at buying low and selling high,” blockchain tracking service Lookonchain said in a Monday X post. Read more
A wallet linked to an alleged theft of US government-seized crypto launched a Solana memecoin on Pump.fun that later crashed 97%, raising tokenomics red flags. A cryptocurrency wallet linked by blockchain investigators to an alleged theft of US government-controlled crypto holdings launched a Solana-based memecoin that later collapsed, renewing scrutiny of memecoin launch practices and onchain token distribution risks. The token, called John Daghita (LICK), was created on the Pump.fun launchpad and lost about 97% of its value within its first day of trading, according to onchain data. The token briefly reached a market capitalization of about $915,000 before falling below $25,000 by the time of writing. Leading up to the rally, the token deployer address made four acquisitions, while the coin was still trading below the $21,000 market capitalization, Pump.fun data shows. Read more
The real-time analysis of blockchain wallet activity is shaking up crypto's power dynamics, shifting influence toward those who can decode onchain behavior and weaponize transparency. Opinion by: Scott Lehr, adviser to Alteri.io In the world of cryptocurrency, knowledge isn't just power — it's a weapon. The recent collapse of Mantra's OM token, which saw a 90% drop in value within hours, underscores how wallet intelligence can be leveraged with devastating effects. Wallet intelligence is the real-time analysis of blockchain data to extract insights from wallet behaviors, transaction patterns, and asset flows. Firms like Chainalysis and Arkham Intelligence have turned raw onchain activity into high-resolution surveillance, enabling everything from compliance monitoring to predictive trading. This level of insight gives a strategic advantage to those who can access it. Read more